The International Brotherhood of Teamsters have ratified a new contract with major carhaul carriers that will protect health benefits and pensions while providing enhanced job security for Teamster workers.

The previous National Master Automobile Transporters Agreement (NMATA) was negotiated in 1999 and expired at midnight May 31. The new contract with the National Automobile Transporters Labor Division (NATLD) and Allied Automotive Group (AAG) is a five-year agreement.

The new contract, which was ratified by a 72-28 vote, increases wages and benefits by 13.4% over the term of the agreement.